Coke: Double-Digit Q1 Growth Beats Expectations Despite Rising Costs [Updated]

Despite high inflationary pressures, The Coca-Cola Company beat analyst expectations for its Q1 2022 earnings report today, announcing 16% net revenue growth to $10.5 billion, and 18% organic revenue growth – about double analyst consensus prior to the announcement.
The Atlanta-based beverage giant saw its cost of goods rise 17% to over $4 billion during the quarter, as the global economy grapples with escalating inflationary …
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